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Fast-track debate in Nicaragua to consider Chinese project for an inter-ocean canal

Tuesday, June 11th 2013 - 05:18 UTC
Full article 14 comments

Nicaragua is moving closer to granting a Chinese company a 100-year concession to build and operate a canal linking the Atlantic to the Pacific.
Construction of the waterway would take 10 years and cost 40 billion dollars. Read full article

Comments

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  • Anglotino

    Hope it happens.

    After so many failed starts it would be a good investment opportunity for all of Central America.

    However, considering the history of this idea, I have low expectations.

    Jun 11th, 2013 - 07:20 am - Link - Report abuse 0
  • Ayayay

    A century without colonialism, right?
    I mean, good luck

    Jun 11th, 2013 - 08:07 am - Link - Report abuse 0
  • Monkeymagic

    My prediction:

    It goes ahead...Nicaragua then renague on the deal...china uses force, and Nicaragua complain to the UN about Chinese colonialism. Argentina supports them.

    Jun 11th, 2013 - 08:34 am - Link - Report abuse 0
  • Captain Poppy

    Competition for the Atlantic to Pacific ocean would definitely be a good thing.

    Jun 11th, 2013 - 09:42 am - Link - Report abuse 0
  • Conqueror

    All well and good. But one caveat. On the basic premise that Chinese “companies”, to a greater or lesser extent, are “organs of the state”, what's in it for the Chinese government? Has China suddenly stopped planning “long-term”?

    Jun 11th, 2013 - 10:48 am - Link - Report abuse 0
  • bushpilot

    They will colonize Nicaragua, like they are doing in Tibet.

    Jun 11th, 2013 - 11:06 am - Link - Report abuse 0
  • ChrisR

    From an atheist to those who read the bible: beware the yellow peril!

    LOLs

    Jun 11th, 2013 - 11:23 am - Link - Report abuse 0
  • willowas1

    Communist China-Free Tibet

    Jun 11th, 2013 - 11:48 am - Link - Report abuse 0
  • jakesnake

    Yeah, I seriously doubt that Nicaragua will see the benefits they are so desperate for.

    Jun 11th, 2013 - 03:51 pm - Link - Report abuse 0
  • Fido Dido

    go for it Nicaragua. Don't be afraid for those chinos.

    Jun 11th, 2013 - 05:54 pm - Link - Report abuse 0
  • Troy Tempest

    10 Dildo

    “go for it Nicaragua. Don't be afraid for those chinos.”

    Apart from the racist comment you couldn't resist, I agree - go for it Nicaragua, don't worry about the Chinese

    Jun 12th, 2013 - 05:25 am - Link - Report abuse 0
  • John III (Pope)

    @11
    After your disgusting confession I'm surprised to see you here.

    This project will benefit two fraternal countries!

    Jun 12th, 2013 - 06:11 am - Link - Report abuse 0
  • yankeeboy

    Nothing better than a 1/2 finished project and Billions of U$ wasted in a decade. I say full steam ahead!

    Jun 12th, 2013 - 11:32 am - Link - Report abuse 0
  • cornishair

    Is there any point with a ice free North west passage?

    (plus free Tibet & Palestine)

    Jun 12th, 2013 - 01:32 pm - Link - Report abuse 0

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